What is the purpose of Employee-Owned Business and can it be resold

What is the purpose of an Employee-Owned Business and can they be resold? – Article

11.5 minutes read Contemporary management theory claims that the primary aim of a business is to generate profit, and this is linked to maximising shareholder value and returns. However, this view overlooks the interests of a diverse array of stakeholders beyond the shareholders, such as society, employees, and creditors. Ethical and social governance principles advocate…